AgenciesChandan Taparia of Motilal Oswal has buy call on Ltd. with a target price of Rs 4360. The current market price of Bajaj Auto Ltd. is Rs 4164.95. Time period given by analyst is Intra Day when Bajaj Auto Ltd. price can reach defined target.
Bajaj Auto Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 120582.13 Crore) operating in Auto sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 8879.70 Crore, down -4.30 % from last quarter Total Income of Rs 9279.06 Crore and up 22.59 % from last year same quarter Total Income of Rs 7243.31 Crore. Company reported net profit after tax of Rs 1329.78 Crore in latest quarter.
Investment Rationale
Negated its downward trend on daily scale with bullish engulfing and moving average support
Promoter/FII Holdings
Promoters held 53.7 per cent stake in the company as of Dec 30, 2020, while FIIs held 13.1 per cent, DIIs 9.1 per cent and public and others 24.1 per cent.
Bajaj Auto Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 120582.13 Crore) operating in Auto sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 8879.70 Crore, down -4.30 % from last quarter Total Income of Rs 9279.06 Crore and up 22.59 % from last year same quarter Total Income of Rs 7243.31 Crore. Company reported net profit after tax of Rs 1329.78 Crore in latest quarter.
Investment Rationale
Negated its downward trend on daily scale with bullish engulfing and moving average support
Promoter/FII Holdings
Promoters held 53.7 per cent stake in the company as of Dec 30, 2020, while FIIs held 13.1 per cent, DIIs 9.1 per cent and public and others 24.1 per cent.
(Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
Read More News on
Download The Economic Times News App to get Daily Market Updates & Live Business News.
